Vesper Completes $16M Financing to Accelerate Growth

September 29 2021, 00:25
Vesper, the pioneer in piezoelectric MEMS microphones and sensors that is now empowering edge-AI applications in consumer devices, closed a $18M financing round led by Accomplice. Vesper also received investments from Applied Materials Ventures, Sands Capital, Bose, Amazon Alexa Fund, Gopher Asset Management, ITIC, World Peace Group, Unitrontech, and MegaChips. The round brings Vesper's total funding to date to $73M.
 

As the Boston-based company explains, the funding will enable increasing manufacturing capacities for its smart microphones and accelerometers, from tens of millions of units per year to hundreds of millions per year. The investment will also support research and development, and Vesper's expansion into new markets.

“This additional financing is a strong show of support from new and existing investors to enable Vesper to rapidly scale production to capitalize on new sales opportunities,” says Matt Crowley, CEO of Vesper. “Our vision to use our proprietary ZeroPower Listening architecture to bring order of magnitude improvements in power consumption to always sensing systems is being validated by many of the world’s most innovative companies across multiple markets. This financing will allow us to serve new customers and applications, and help accelerate the transition to edge AI enabled always listening systems.”

In April 2021, Vesper introduced its new low-power vibration sensor VA1200, the world’s first analog piezoelectric voice accelerometer (a.k.a. bone conduction sensor). This new device offers great possibilities in true wireless earbud designs to pick up the wearer’s own voice through bone conduction - an option that manufacturers are increasingly combining with standard MEMS microphones, in order to improve voice communications and recognition even under the most challenging circumstances. Using the VA1200 in conjunction with a standard microphone and a sensor fusion solution, the application can achieve superior background and wind noise reduction.
www.vespermems.com
 
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